Smart Data Collective

DECEMBER 21, 2020

We previously talked about the benefits of data analytics in the insurance industry. One report found that big data vendors will generate over $2.4 Key benefits of AI include recognizing speech, identifying objects in an image, and analyzing natural or unstructured data forms.

Insurance 134

Insurance Cost-Benefit Big Data Unstructured Data 134

CIO Business Intelligence

APRIL 22, 2022

What is data science? Data science is a method for gleaning insights from structured and unstructured data using approaches ranging from statistical analysis to machine learning. The difference between data analytics and data science is also one of timescale. The benefits of data science.

Data Science 139

Data Science Statistics Machine Learning Visualization 139

IBM Big Data Hub

DECEMBER 5, 2023

With the rise of highly personalized online shopping, direct-to-consumer models, and delivery services, generative AI can help retailers further unlock a host of benefits that can improve customer care, talent transformation and the performance of their applications.

Unstructured Data 91

Unstructured Data Cost-Benefit Experimentation Machine Learning 91

datapine

JUNE 5, 2019

Learn all about data dashboards with our executive bite-sized summary! What Is A Data Dashboard? Without the existence of dashboards and dashboard reporting practices, businesses would need to sift through colossal stacks of unstructured data, which is both inefficient and time-consuming. Legacy Data Solutions.

Dashboards 316

Dashboards KPI Sales Visualization 316

Cloudera

DECEMBER 7, 2020

These pillars are based upon personalized interactions, customer-centric merchandising, supply chain agility, and reimagining stores. As people are central to retail, we will start with insights founded on accelerating customer insight and relevance through personalized interactions. . Personalized Interactions Driven by Data.

Cost-Benefit 63

Cost-Benefit Interactive Unstructured Data Big Data 63

Smart Data Collective

APRIL 5, 2022

Companies and individuals with the computing power that data scientists might need are able to sell it in exchange for cryptocurrencies. There are a lot of powerful benefits of offering an incentive-based approach as hardware accelerators. This significantly reduces the amount of time needed to engage in data science tasks.

Cost-Benefit 122

Cost-Benefit Machine Learning Data Science Unstructured Data 122

Cloudera

JANUARY 5, 2021

Gartner, IDC, and ISM have reported that incorporating big data helps improve demand forecasts, building supply chain agility that can provide a 2% average revenue increase and a 15% average inventory reduction simultaneously. Reduced number of vehicles / drivers by 140 (@ $150k cost per) = $21m .

Forecasting 93

Forecasting Cost-Benefit Sales Unstructured Data 93

AWS Big Data

MARCH 10, 2023

Since the deluge of big data over a decade ago, many organizations have learned to build applications to process and analyze petabytes of data. Data lakes have served as a central repository to store structured and unstructured data at any scale and in various formats.

Data Lake 103

Data Lake Sales Data Warehouse Snapshot 103

erwin

AUGUST 15, 2022

For NoSQL, data lakes, and data lake houses—data modeling of both structured and unstructured data is somewhat novel and thorny. This blog is an introduction to some advanced NoSQL and data lake database design techniques (while avoiding common pitfalls) is noteworthy. A sample data warehousing project.

Data Lake 52

Data Lake Modeling Unstructured Data Data Warehouse 52

AWS Big Data

MARCH 25, 2024

AWS Glue can interact with streaming data services such as Kinesis Data Streams and Amazon MSK for processing and transforming CDC data. This data store provides your organization with the holistic customer records view that is needed for operational efficiency of RAG-based generative AI applications.

Data Lake 91

Data Lake Unstructured Data Management Modeling 91

Jedox

FEBRUARY 13, 2019

While I am certainly no techie, I define AI as systems that are capable of ingesting information and instructions, learning from interactions with human beings and responding to new situations and questions in a human-like way. How Financial Planning and Analysis Benefits from AI.

IT 54

IT Finance Cost-Benefit Unstructured Data 54

Rocket-Powered Data Science

MAY 21, 2024

I believe that the time, place, and season for artificial intelligence (AI) data platforms have arrived. To see this, look no further than Pure Storage , whose core mission is to “ empower innovators by simplifying how people consume and interact with data.”

Cost-Benefit 239

Cost-Benefit Unstructured Data Enterprise Technology 239

IBM Big Data Hub

SEPTEMBER 13, 2023

This is especially important in customer interactions. For example, when a customer contacts the business via chat, email or social media, that text or voice recording is unstructured data that needs to be collected and analyzed as part of the interaction.

Digital Transformation 89

Digital Transformation Consulting Unstructured Data Recreation/Entertainment 89

O'Reilly on Data

SEPTEMBER 19, 2023

” Each step has been a twist on “what if we could write code to interact with a tamper-resistant ledger in real-time?” ” I’ve called out the data field’s rebranding efforts before; but even then, I acknowledged that these weren’t just new coats of paint. The elephant was unstoppable.

Machine Learning 246

Machine Learning Testing Modeling Cost-Benefit 246

Domino Data Lab

JANUARY 21, 2021

This blog explores the challenges associated with doing such work manually, discusses the benefits of using Pandas Profiling software to automate and standardize the process, and touches on the limitations of such tools in their ability to completely subsume the core tasks required of data science professionals and statistical researchers.

Statistics 106

Statistics Unstructured Data Data Science Visualization 106

Cloudera

OCTOBER 26, 2020

The validation of both solutions functioning as intended will benefit our joint customers with better support, reduced risk, and lower total cost of ownership (TCO). . Relevance-based text search over unstructured data (text, pdf,jpg, …). Better fit for Data Mart migration use cases (interactive, BI style queries).

Testing 90

Testing Cost-Benefit Unstructured Data Big Data 90

Cloudera

AUGUST 20, 2021

Legal and Regulatory Requirements: CDP delivers data products to address complex and continuously evolving legal and regulatory requirements by offering a programmatic way to dynamically manage data permissions at a granular level by type of data asset and for different roles / users interacting with and manipulating those data assets. .

Strategy 100

Strategy Cost-Benefit Visualization Data Warehouse 100

Cloudera

NOVEMBER 18, 2021

Every one of our 22 finalists is utilizing cloud technology to push next-generation data solutions to benefit the everyday people who need it most – across industries including science, health, financial services and telecommunications. taxpayer details and needs to quickly analyze petabytes of data across hundreds of servers.

Data Lake 79

Data Lake Cost-Benefit Digital Transformation Risk 79

AWS Big Data

FEBRUARY 22, 2023

In this post, we show how Ruparupa implemented an incrementally updated data lake to get insights into their business using Amazon Simple Storage Service (Amazon S3), AWS Glue , Apache Hudi , and Amazon QuickSight. We also discuss the benefits Ruparupa gained after the implementation. Let’s look at each main component in more detail.

Data Lake 52

Data Lake Dashboards Cost-Benefit Metadata 52

AWS Big Data

FEBRUARY 21, 2023

Regardless of the division or use case it is related to, dimensional data models can be used to store data obtained from tracking various processes like patient encounters, provider practice metrics, aftercare surveys, and more. They often negate many benefits of data vaults, and require more business logic, which can be avoided.

Data Warehouse 66

Data Warehouse Data Lake Cost-Benefit Metadata 66

Sisense

JULY 22, 2020

Traditionally all this data was stored on-premises, in servers, using databases that many of us will be familiar with, such as SAP, Microsoft Excel , Oracle , Microsoft SQL Server , IBM DB2 , PostgreSQL , MySQL , Teradata. However, cloud computing has grown rapidly because it offers more flexible, agile, and cost-effective storage solutions.

Slice and Dice 98

Slice and Dice Digital Transformation Data Warehouse Data Lake 98

datapine

FEBRUARY 22, 2022

2) BI Strategy Benefits. Over the past 5 years, big data and BI became more than just data science buzzwords. In response to this increasing need for data analytics, business intelligence software has flooded the market. The costs of not implementing it are more damaging, especially in the long term.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

IBM Big Data Hub

JUNE 5, 2024

Software as a service (SaaS) applications have become a boon for enterprises looking to maximize network agility while minimizing costs. They offer app developers on-demand scalability and faster time-to-benefit for new features and software updates. What are application analytics?

Analytics 71

Analytics Predictive Analytics Unstructured Data Data-driven 71

Cloudera

APRIL 1, 2024

This recognition underscores Cloudera’s commitment to continuous customer innovation and validates our ability to foresee future data and AI trends, and our strategy in shaping the future of data management. Cloudera, a leader in big data analytics, provides a unified Data Platform for data management, AI, and analytics.

Unstructured Data 108

Unstructured Data Cost-Benefit Metadata Machine Learning 108

IBM Big Data Hub

AUGUST 4, 2023

When workers get their hands on the right data, it not only gives them what they need to solve problems, but also prompts them to ask, “What else can I do with data?” ” through a truly data literate organization. What is data democratization?

Data Architecture 59

Data Architecture Data Lake Machine Learning Data Governance 59

Jet Global

MAY 9, 2024

By processing data as it arrives, streaming data pipelines support more dynamic and agile decision-making. Here’s how a streaming data pipeline typically works: Data is ingested continuously from one or more sources, such as sensors, log files, user interactions, IoT devices, social media feeds, or other real-time data streams.

Data Lake 52

Data Lake Data Warehouse Business Intelligence Machine Learning 52